VIVA Competitive Strengths and Financial Overview
Income Statement (2016-6M 2019)
Income Statement
Revenue
Operating expenses
Staff costs
2016
(Restated)
*2017
*2018
6M -2018
6M-2019
KD Mn
KD Mn
KD Mn
KD Mn
KD Mn
279.1
287.7
287.9
149.1
139.6
(80.9)
(145.5)
(139.3)
(76.1)
(69.7)
(18.0)
(20.4)
(21.7)
(11.0)
(11.8)
Expected credit losses on trade &
other receivables and Contract Assets
(8.9)
(14.2)
(18.2)
(10.0)
(7.0)
Depreciation and amortization
(88.4)
(25.9)
(25.6)
(12.3)
(18.0)
General and administrative expenses
(39.2)
(38.7)
(34.8)
(18.6)
(12.9)
Finance cost (Net)
(1.6)
(0.7)
(0.1)
(0.2)
(0.3)
Other income/(expenses)
0.1
2.7
4.9
4.1
1.2
Loss before BoD remuneration,
contribution to KFAS and Zakat
41.9
45.0
53.0
25.0
21.1
KFAS
(0.4)
(0.5)
(0.2)
(0.2)
NLST
(1.2)
(1.4)
(0.6)
(0.6)
Zakat
BOD remuneration
Net Profit /loss for the period
(0.5)
(0.6)
(0.3)
(0.2)
(0.2)
(0.2)
(0.2)
(0.1)
(0.1)
39.8
42.7
50.4
23.8
20.0
Basic earnings per share (in fils)
80
86
101
48
40
*FY 2017 & 2018 numbers are based on the IFRS 15 'Revenue from Contracts with Customers "and IFRS 9 "Financial Instruments" which are effective from 1st January 2018 and opted for full retrospective approach.
17 Investor Relations
VIVAView entire presentation